Have just swapped to ASB so have signed up with semble. Love using my phone for payments and the added security of only turning on the nfc chip when I choose the card is perfect. And yet ....
I'm fairly confident that paywave type transactions are charged as visa/Mc transactions even if using a visa debit card. This will restrict who installs the tech as who wants an extra 2.85% bank charges per transaction.
I have to sign up to a visa debit (yearly cost) for each acc I want to use. Unlike physical card can add a chq and Sav.
Which card to use. Ahhh the one with money. ...
No atm cash out.
Unlike oz no bank seems to have contactless atms.
So cool easy to use app. But why they didn't just develop a standard that visualized an eftpos card from either their app or inside a banks app I don't get.